SHORT IRON CONDOR IDEA for a 9/30 Expiration

SPY- Short Iron Condor Trade Idea:
Expiration Sept 30th (~58 Days)

Strike Prices:
Long Call: $465.
Short Call: $460.
------
Short Put: $350.
Long Put: $345.

$52 credit (as of 8/3).
$500 Collateral.

Risk:Reward Ratio:
$500:$50, or 10:1.

Short strikes can accommodate approx. 15% down and 11% up from today's price (8/3/22).